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The term currency can refer to a particular currency
In economics, the term currency can refer to a particular currency, for example Pound Sterling, or to the coins and banknotes of a particular currency counter , which comprise the physical aspects of a nation's money supply. The other part of a nation's money supply consists of money deposited in banks (sometimes called deposit money), ownership of which can be transferred by means of cheques or other forms of money transfer such as credit and debit cards. Deposit money and currency are money in the sense that both are acceptable as a means of exchange, but money need not necessarily be currency.
Historically, money in the form of currency has predominated. Usually (gold or silver) coins of intrinsic value commensurate with the monetary unit (commodity money), have been the norm. By contrast, modern currency, as fiat money, is intrinsically worthless.A currency counting machine is a machine that counts money--either stacks of banknotes or loose collections of coins. Counters may be purely mechanical or use electronic components. The machines typically provide a total count of all money, or count off specific batch sizes for wrapping and storage.
Currency counters are commonly used in vending machines to determine what amount of money has been deposited by customers.
In some modern automated teller machines, currency counters allow for cash deposits without envelopes, since they can identify which bills have been inserted instead of just how many. The user is usually given the chance to review the automatic counter's idea of the quantity and kinds of the inserted banknotes and bailout.
source:news lgspeed-tech
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